--- title: "Paychex, Inc. (NASDAQ:PAYX) Stock Position Lowered by Prudential Financial Inc." description: "Prudential Financial Inc. reduced its stake in Paychex, Inc. (NASDAQ:PAYX) by 26.8% in Q4, now holding 170,164 shares valued at $23.86 million. Other investors like Vanguard and State Street also adju" type: "news" locale: "en" url: "https://longbridge.com/en/news/233593888.md" published_at: "2025-03-28T08:49:44.000Z" --- # Paychex, Inc. (NASDAQ:PAYX) Stock Position Lowered by Prudential Financial Inc. > Prudential Financial Inc. reduced its stake in Paychex, Inc. (NASDAQ:PAYX) by 26.8% in Q4, now holding 170,164 shares valued at $23.86 million. Other investors like Vanguard and State Street also adjusted their positions. Paychex's stock opened at $150.19, with a market cap of $54.08 billion and a P/E ratio of 31.62. The company reported $1.49 EPS for the last quarter, exceeding estimates. Paychex declared a quarterly dividend of $0.98, yielding 2.61%. Analysts maintain a consensus rating of "Hold" with an average price target of $134.50. Prudential Financial Inc. trimmed its position in shares of Paychex, Inc. (NASDAQ:PAYX - Free Report) by 26.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 170,164 shares of the business services provider's stock after selling 62,411 shares during the period. Prudential Financial Inc.'s holdings in Paychex were worth $23,860,000 at the end of the most recent reporting period. - Why Paychex Stock's Dip is the Best Opportunity in Today's Cycle Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Paychex by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 31,521,025 shares of the business services provider's stock worth $4,419,878,000 after acquiring an additional 174,817 shares during the period. State Street Corp grew its position in Paychex by 0.5% during the third quarter. State Street Corp now owns 13,230,236 shares of the business services provider's stock valued at $1,775,365,000 after purchasing an additional 60,455 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Paychex by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,044,631 shares of the business services provider's stock valued at $1,408,458,000 after buying an additional 519,761 shares during the period. Geode Capital Management LLC lifted its position in Paychex by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 9,414,072 shares of the business services provider's stock worth $1,262,700,000 after buying an additional 190,937 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Paychex by 46.2% during the 3rd quarter. Barclays PLC now owns 1,748,485 shares of the business services provider's stock valued at $234,627,000 after buying an additional 552,540 shares during the period. 83.47% of the stock is owned by institutional investors and hedge funds. ## Paychex Trading Up 4.2 % PAYX stock opened at $150.19 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Paychex, Inc. has a twelve month low of $114.72 and a twelve month high of $158.37. The company has a market cap of $54.08 billion, a P/E ratio of 31.62, a PEG ratio of 4.10 and a beta of 0.98. The business has a fifty day moving average of $148.03 and a 200-day moving average of $143.04. - Buy the Dip in Paychex, Inc. for a Pay Check at Retirement Paychex (NASDAQ:PAYX - Get Free Report) last announced its earnings results on Wednesday, March 26th. The business services provider reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.48 by $0.01. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.51 billion. Paychex had a net margin of 32.02% and a return on equity of 45.28%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 EPS. As a group, equities research analysts expect that Paychex, Inc. will post 4.99 EPS for the current year. ## Paychex Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 7th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend was Friday, February 7th. Paychex's dividend payout ratio (DPR) is presently 82.53%. ## Analyst Ratings Changes - 3 payroll companies get clocked, but 1 looks cheap Several brokerages recently commented on PAYX. Royal Bank of Canada reissued a "sector perform" rating and issued a $148.00 price target on shares of Paychex in a research note on Friday, December 20th. UBS Group increased their price objective on Paychex from $152.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, March 4th. Finally, Barclays boosted their target price on Paychex from $135.00 to $140.00 and gave the stock an "equal weight" rating in a report on Monday, December 23rd. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. According to MarketBeat, Paychex currently has a consensus rating of "Hold" and an average price target of $134.50. **View Our Latest Report on PAYX** ## Paychex Profile (Free Report) Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. ## See Also - Five stocks we like better than Paychex - What Are Growth Stocks and Investing in Them - Energy Transfer: Powering Data With Dividends and Diversification - What Investors Need to Know About Upcoming IPOs - Qualcomm Stock Is Coiling for a Breakout - What Are Dividends? Buy the Best Dividend Stocks - Is Alphabet Too Cheap to Ignore After Its Recent Correction? **Want to see what other hedge funds are holding PAYX?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Paychex, Inc. (NASDAQ:PAYX - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Paychex Right Now? Before you consider Paychex, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paychex wasn't on the list. While Paychex currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [PAYX.US - Paychex](https://longbridge.com/en/quote/PAYX.US.md) - [PRU.US - Prudential financial](https://longbridge.com/en/quote/PRU.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 分析師的結論：7 位專家眼中的保德信金融 | 在過去三個月中，七位分析師對保德信金融（NYSE:PRU）進行了評級，顯示出從看漲到看跌的情緒混合。12 個月的平均目標價為 118.0 美元，較之前的 119.17 美元有所下降。最近的行動包括瑞穗證券將目標價下調至 113.00 美元， | [Link](https://longbridge.com/en/news/275518387.md) | | 沛齊的股票：華爾街是持樂觀態度還是悲觀態度？ | 沛齊股票：華爾街是看漲還是看跌？ | [Link](https://longbridge.com/en/news/276069211.md) | | 保德信金融的財報電話會議：增長對比日本衝擊 | 保德信金融的第四季度財報電話會議強調了強勁的業績，税前調整後的營業收入為 66 億美元，儘管由於治理問題在日本面臨挑戰。該公司報告了 15% 的股本回報率，並向股東返還了近 30 億美元。其資產管理部門 PGIM 的管理資產增長了 7%，而 | [Link](https://longbridge.com/en/news/275214851.md) | | 在強勁業績、內部人士買入和股息更新後，審視保德信金融（PRU）的估值 | 保德信金融（Prudential Financial，PRU）報告第四季度淨收入為 9.05 億美元，全年淨收入為 35.8 億美元，同時披露了內部人士的買入情況和每季度 1.40 美元的股息。該股票目前價格為 104.61 美元，過去一週 | [Link](https://longbridge.com/en/news/276057884.md) | | 保德信金融推出 2026 年高管激勵和長期薪酬計劃 | 保德信金融公司已宣佈對其 2026 年的高管薪酬計劃進行更新。該公司在其年度激勵計劃下為高管引入了新的年度激勵支付標準，並概述了將在 2026 年作為其長期激勵計劃的一部分授予的業績股份和限制性股票單位的條款，該計劃受 2021 年綜合激勵 | [Link](https://longbridge.com/en/news/275615292.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.